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PHILIPPINE EXPORT OF COCONUT PRODUCTS UP SHARPLY IN MAY

Official data from the Philippine Statistics Authority show Philippine export of coconut products in May leaped 72.6% to 111,291 MT in copra terms from 64,469 MT in a similar month last year. Revenue likewise spiked 73.1% to USD174.444 million from USD100.766 million propelled by high volume and prices.